Argentina inflation seen cooling as Milei austerity tempers food prices

Re:Argentina inflation seen cooling as Milei austerity tempe... by leidenfrost on Sunday March 10, 2024 @03:48AM (#39657453)

I would even agree with you if he followed the same liberal ideology he preached in his campaign.

Alleviating taxes and shrinking the state would have been wonderful to our suffering private sector.

Sadly, he didn't. He stopped sending money to the welfare part of the state, but he didn't lower any taxes yet, and it's asphyxiating the economy.

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Re:Argentina inflation seen cooling as Milei austerity tempe... by otherme123 on Sunday March 10, 2024 @05:09AM (#39657754)

The liberal politics is to have enough taxes to cover the expenses. If you have deficit, you either raise taxes or lower expenses (Milei option, it seems).

It doesn't boil down to "lower taxes whatever it takes" if you then have massive deficits. That's a wrong policy usually taken by Republicans in the US.

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